Fossil fuel companies are at the root of the climate crisis. Indeed, according to a recent study in the journal Climatic Change, the climate crisis of the 21st century “has been caused largely by just 90 companies, which between them produced nearly two-thirds of the greenhouse gas emissions generated since the dawning of the industrial age.”[1] The vast majority of those 90 companies are in the business of producing oil, gas or coal.... Read More

The Gift of Greed: How Hedge fund Philanthropists Increase Inequality
“Consider this … your Yom Kippur. You’re going to donate a lot of money. Not enough, obviously, to offset all the s- you’ve done, but a lot.” – Jon Stewart at Robin Hood Foundation gala in 2009[1]
The governing boards of the Robin Hood Foundation, an anti-poverty charity, are a picture of the extreme and growing concentration of wealth in American society.... Read More

Photo credit: New York Times
CANCEROUS CASH: HOW HEDGE FUNDS DESTROY AMERICAN HEALTH
If you’re not looking carefully, you would never know that the Sohn Conference is actually a fundraiser for pediatric cancer – the promoters behind the event pretty much describe it as a hedge fund beauty pageant.
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Daniel Loeb: BAD BEHAVIOR, BAD POLITICS, BAD KARMA
A yoga devotee is calm, spiritual and concerned about the welfare of others—unless the yoga devotee in question is Dan Loeb, who is known for publicly excoriating executives and relentlessly pursuing the accumulation of more wealth than most people could spend in a hundred lifetimes.... Read More

Alternative asset managers and the damage they inflict on New York communities:
It’s a real life Hunger Games. The financial elite cloister themselves away in gleaming taxpayer-subsidized towers, sitting on riches they earned by devastating economies in upstate New York and beyond. They earn special treatment from Governor Andrew Cuomo and his buddies in the State Senate by splashing their ill-gotten gains into political races.... Read More

Who Are the HedgeClippers?

The Hedge Clippers are working to expose the mechanisms hedge funds and billionaires use to influence government and politics in order to expand their wealth, influence and power. We're exposing the collateral damage billionaire-driven politics inflicts on our communities, our climate, our economy and our democracy. We're calling out the politicians that do the dirty work billionaires demand, and we're calling on all Americans to stand up for a government and an economy that works for all of us, not just the wealthy and well-connected.